Don’t do it. The result will be permanently lower economic growth, less upward economic mobility and greater inequality. For generations. The most urgent economic recovery strategy is one that pays down the extraordinary debt accumulated during the last year.
As we stated here, many of the $1.9 trillion bill’s provisions “will be borne on the backs of the children and grandchildren of low-income households. Because we care about social justice, we cannot abide such a policy.”